TMI Blog1994 (12) TMI 66X X X X Extracts X X X X X X X X Extracts X X X X ..... s delivered by S. M. JHUNJHUNUWALA J.--By this reference made under section 256(1) of the Income-tax Act, 1961, the following question has been referred to this court for opinion at the instance of the assessee : " Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that the expenses of Rs. 21,951, Rs. 17,601 and Rs. 9,273, respectively, for 1970-71, 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he nature of a guest house or in connection with travelling by an employee or any other person (including hotel expenses or allowances paid in connection with such travelling) shall be allowed only to the extent, and subject to such conditions, if any, as may be prescribed." By Act 19 of 1970, section 37(4) was inserted in section 37 with effect from April 1, 1970, which reads as under : " Not ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mmodation in the nature of a guest house after February 28, 1970. Accordingly, for the assessment year 1970-71, the assessee is entitled for the expenditure incurred on the maintenance of the guest house in accordance with section 37(3) of the Act. As regards the expenditure incurred for maintenance of the residential accommodation in the nature of a guest house for the assessment years 1971-72 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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